KUALA LUMPUR, March 9 — The ringgit is expected to continue its uptrend against the US dollar next week, supported by improving sentiment amid an encouraging domestic environment, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Feb 23 — The ringgit opened lower against the US dollar as the greenback stayed firm amid resilient United States (US) economic data, said an economist.
KUALA LUMPUR, Feb 16 — The ringgit ended higher against the US dollar today, tracking the positive sentiment on the equity market, analysts said.
KUALA LUMPUR, Feb 9 — The ringgit ended the week higher against the US dollar today despite the greenback’s resiliency which stayed strong amid fading hopes of an early US rate cut and strong United States (US) economic data, dealers said.
KUALA LUMPUR, Feb 8 — The ringgit closed lower against the US dollar today as the greenback stayed firm amid fading hopes of an early US rate cut as well as China’s disappointing economic data, dealers said.
KUALA LUMPUR, Feb 6 — The ringgit slipped further against the US dollar as the greenback stayed firm on expectation of a higher-for-longer interest rate stance in the United States (US).
KUALA LUMPUR, Feb 5 — The ringgit opened lower against the US dollar on Monday due to a lack of buying demand as the US Dollar Index continued to strengthen.
KUALA LUMPUR, Jan 30 — The ringgit opened higher on Tuesday as market participants focused on the two-day United States (US) Federal Open Market Committee (FOMC) meeting which starts today.
KUALA LUMPUR, Jan 29 — The ringgit opened lower due to cautious transactions by traders ahead of the United States (US) Federal Open Market Committee (FOMC) meeting scheduled for Jan 30-31.
KUALA LUMPUR, Jan 26 — The ringgit closed the week stronger against the US dollar, buoyed by positive sentiment that China will continue to support its economy along with other regional currencies, according to an analyst.
KUALA LUMPUR, Jan 26 — The ringgit opened lower against the US dollar on Friday as the US economy recorded improvement, with its latest gross domestic product (GDP) figures growing by 2.5 percent in 2023, a significant improvement from the 1.9 per cent growth recorded in 2022.
KUALA LUMPUR, Jan 24 — The ringgit opened easier against the US dollar on Wednesday as most investors await the first Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new Overnight Policy Rate (OPR).
KUALA LUMPUR, Jan 23 — The ringgit ended slightly higher against the US dollar today, tracking the higher Southeast Asian peers’ currencies following reports that China is seeking to inject funds to bolster markets and investor sentiments.
KUALA LUMPUR, Jan 23 — The ringgit opened lower against the US dollar on Tuesday as most traders are eagerly awaiting the first Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting of this year, scheduled for today and tomorrow.
KUALA LUMPUR, Jan 22 —The ringgit closed lower today against the US dollar, as with other emerging currencies, as investors opted for the greenback on concerns over global economic prospects and ahead of US data later this week that may influence the interest rate outlook in the United States.
KUALA LUMPUR, Jan 17 —The ringgit ended lower against the US dollar for the third consecutive day in line with other regional currencies after the United States (US) Federal Reserve (Fed) governor Christopher Waller said the Fed is in no hurry to cut rates.
KUALA LUMPUR, Jan 16 — The ringgit opened lower against the US dollar for the second consecutive day this week as the greenback gained strength vis-a-vis other currencies, said an analyst.
KUALA LUMPUR, Dec 30 — The ringgit is likely to continue its uptrend against the US dollar next week, trading between the 4.57 and 4.58 level for the first week of 2024 on US interest rate cut expectations as early as March 2024, said an analyst.
KUALA LUMPUR, Dec 29 — The ringgit opened higher against the greenback today as the latest economic data in the United States strengthens hopes for an early US interest rate cut, said an analyst.
KUALA LUMPUR, Dec 28 — The ringgit opened higher against the US dollar today as the greenback displayed notable weakness following a remarkably robust five-year United States (US) Bond auction, said an analyst.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.